Is Dukes County, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dukes County is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Dukes County has remained a Neutral Market.

Key Takeaway

Dukes County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Dukes County, MA

How much do homes in Dukes County, MA cost?

Median Sold Price

$1,500,000

$876/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$100,000(-6.3%)

Key Takeaway

Homes in Dukes County have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in Dukes County was $1,500,000 in October 2024, down 6.3% from last year, and the median price per square foot was $876.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.5M$1.1M
-25.0%
2 $1.0M$1.2M
+16.7%
3 $1.2M$1.3M
+7.5%
4 $1.7M$1.7M
+5.0%
5+ $4.2M$2.5M
-41.1%

Summary: Dukes County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 41.1%.

Housing Supply in Dukes County, MA

How many homes are available in Dukes County, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8179-2.5%

Summary: The Dukes County real estate market had 79 homes for sale in October 2024, a 2.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 129
-25.0%
3 3235
+9.4%
4 1817
-5.6%
5+ 1514
-6.7%

Summary: The Dukes County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
612+100.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dukes County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Dukes County in October 2024, up by 100.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.

Days on Market for Dukes County, MA

How long does it take to sell a home in Dukes County, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days100 Days+445.3%

Summary: Homes in Dukes County had an average of 100 days on market in Oct 2024, up by 445.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dukes County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 12 homes were sold in Dukes County; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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